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07 Apr
12:42

NICKEL, COBALT: Electra, Glencore sign offtake deal for recycled battery material

Electra Battery Materials says it has signed an offtake agreement with Glencore AG to recycle nickel and cobalt from a planned battery recycling plant in northern Ontario, Kallanish reports. Under the agreement, Glencore will purchase the nickel and metal products through the end of 2024 on market-based terms. The nickel and cobalt will be refined from the black mass feed generated by old lithium-ion batteries. Offtake agreements for lithium, copper and graphite a…
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